Key indicators for buyers
The SW2 market is moderately favourable for buyers. Affordability has improved from a peak of 15.7x in 2021 to 11.1x today. Rising rents (£2,522/mo, +7.2%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Lambeth area
A home in Lambeth costs 11.1x the local median salary — very stretched, improving from a peak of 15.7x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Lambeth area
Average monthly rent in Lambeth is £2,522, up 7.2% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Lambeth price of £567,355 with a 25% deposit (£142k), a 2-year fixed mortgage at 3.97% costs around £2,239 per month.
Monthly cost comparison based on current data
Uses SW2 avg. price with Lambeth rental data
Monthly mortgage payments (£2,239) are £283 less than renting (£2,522). However, buying requires an upfront deposit of £142k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 6, TILFORD HOUSE, HOLMEWOOD GARDENS SW2 3SA | Flat/Maisonette | £305,000 | 23 Jan 2026 |
FLAT 1, 21, TRENT ROAD SW2 5BJ | Flat/Maisonette | £590,900 | 22 Jan 2026 |
14, MERREDENE STREET SW2 2AG | Terraced | £521,500 | 21 Jan 2026 |
87, BRIXTON WATER LANE SW2 1PH | Flat/Maisonette | £652,931 | 16 Jan 2026 |
FLAT B, 98, ENDYMION ROAD SW2 2BP | Flat/Maisonette | £550,000 | 12 Jan 2026 |
TOP FLOOR FLAT, 1, HOLMEWOOD GARDENS SW2 3RS | Flat/Maisonette | £360,000 | 12 Jan 2026 |
29, HOLMEWOOD ROAD SW2 3RP |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SW2 sold for £567,355 in 2026, with a median of £521,500 across 15 transactions. Prices fell 1.8% compared to the previous year.
| Terraced |
| £960,000 |
| 12 Jan 2026 |
FLAT 3, 60, BRAILSFORD ROAD SW2 2TF | Flat/Maisonette | £482,500 | 9 Jan 2026 |
FLAT 9, LAYE HOUSE, 57, BLAIRDERRY ROAD SW2 4SD | Flat/Maisonette | £370,000 | 9 Jan 2026 |
FLAT 2, BLADES LODGE, 12, BRISTOWE CLOSE SW2 2YB | Flat/Maisonette | £540,000 | 9 Jan 2026 |
FLAT 1, KELYWAY HOUSE, EWEN CRESCENT SW2 2PD | Flat/Maisonette | £437,500 | 9 Jan 2026 |
APARTMENT 28, 2, GAUMONT PLACE SW2 4FY | Flat/Maisonette | £475,000 | 8 Jan 2026 |
70A, SUDBOURNE ROAD SW2 5AH | Flat/Maisonette | £715,000 | 8 Jan 2026 |
FIRST FLOOR FLAT, 19, HORSFORD ROAD SW2 5BW | Flat/Maisonette | £475,000 | 8 Jan 2026 |
25, DALBERG ROAD SW2 1AJ | Terraced | £1,075,000 | 5 Jan 2026 |
TOP FLOOR FLAT, 40, ARODENE ROAD SW2 2BH | Flat/Maisonette | £362,500 | 23 Dec 2025 |
61, AMESBURY AVENUE SW2 3AE | Terraced | £850,000 | 22 Dec 2025 |
8, BANNISTER CLOSE SW2 2PA | Terraced | £540,000 | 22 Dec 2025 |
241, STERNHOLD AVENUE SW2 4PG | Terraced | £742,000 | 22 Dec 2025 |
FLAT 2, 8, THORNTON AVENUE SW2 4HQ | Flat/Maisonette | £580,000 | 22 Dec 2025 |
The most recent recorded sale in SW2 was a flat/maisonette property on Holmewood Gardens for £305,000 in January 2026. Across the last 20 sales, the median price was £540,000.